Can a bankruptcy be reopened?

Most people feel a sense of overwhelming relief once their bankruptcy case is over.  They now have a fresh start, a new beginning.  There are some circumstance, however where a bankruptcy case can be reopened either by you, a creditor or the bankruptcy trustee.  The court can reopen your bankruptcy case for a variety of reasons even after you receive...

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How does an inheritance impact bankruptcy?

When one files a Chapter 7 bankruptcy, life gets divided into pre-petition (those assets and creditor claims in existence on the filing date which are part of your bankruptcy) and post-petition (those assets and claims that you accrued after filing). For instance, if you win the lottery the day after filing, it is yours to keep regardless of your creditor...

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What happens to my car if I file bankruptcy?

For many of us our car is our lifeline to work, family and getting all those day-to-day chores done.  The fear of losing our means of getting around and being able to report to work daily, pick the children up at school and putting food on the table can be overwhelming.  So what are some of the options available in...

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Are attorney fees dischargeable?

Filing for bankruptcy means an economic “fresh start” or a somewhat blank slate.  What about all those fees incurred while trying to get that fresh start?  Or what about those attorney fees that built up prior to filing for chapter 7 bankruptcy? In personal bankruptcy, most debts are dischargeable—even unpaid attorney’s fees. The Bankruptcy Code lists fees that are not...

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Are medical liens dischargeable?

For the vast majority of people, the main goal of filing for Chapter 7 bankruptcy is to discharge or “wipe out” their debts. Although some debts are considered or may be determined to be “nondischargeable,” most people filing for Chapter 7 will be able to discharge most if not all of their debts. A bankruptcy discharge releases the individual debtors...

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